'Lockheed Martin Corp' - 18 News Result(s)

Vietnam is in talks with European and US contractors to buy fighter jets, maritime patrol planes and unarmed drones, sources said, as it looks to beef up its aerial defences in the face of China's growing assertiveness in disputed waters.

The US Defense Department on Friday announced plans to deploy a long-range radar in central Alaska that would help the US missile defence system better discern potential enemy missiles launched by Iran or North Korea and increase the capacity of interceptors in the ground in Alaska and California.

A US-supplied missile shield to protect Gulf nations against Iranian attacks will take years to complete, requiring a step-up in regional trust, more US sales of sensitive weapons, and intensive US training to avoid mishaps in the volatile region.

Space Exploration Technologies, or SpaceX, is rapidly increasing production of the engines that power its Falcon 9 rocket and expects to meet its target of 13 launches and two test flights this year, President Gwynne Shotwell told Reuters.

An unmanned Delta 2 rocket lifted off from California today carrying a NASA satellite to measure how much water is in Earth's soil, information that will help weather forecasting and tracking of global climate change.

A private spacecraft company run by billionaire Elon Musk has dropped a lawsuit alleging the US Air Force improperly awarded a contract to launch military satellites to a joint venture between Boeing and Lockheed Martin.

The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch.

Executives in the fledgling commercial US space industry are bracing for increased scrutiny and oversight after two accidents last week, including one that killed a pilot, but say they view the mishaps as temporary setbacks that will not halt launches.

The US Aegis missile defense system on Thursday destroyed two cruise missile targets and one ballistic missile target nearly simultaneously in a test conducted by a US Navy destroyer off the coast of Hawaii, the US Missile Defense Agency said.

The US Navy on Friday maintained a grounding order for F-35 B-model and C-model fighter jets built by Lockheed Martin Corp, saying it was still not clear what caused a massive engine failure on an Air Force F-35 jet on June 23.

Australia will order 58 more F-35 fighter jets built by Lockheed Martin Corp for A$12.4 billion ($11.61 billion), Prime Minister Tony Abbott said on Wednesday, a purchase that will raise its air combat power to among the world's most advanced.

He flew to the US on Monday for meetings with the CEOs and other top executives of potential investors, including Microsoft Corp, Wal-Mart Stores Inc, Lockheed Martin International and Boeing International. He is due to return to India on July 14.

When computer "hackers" working for the U.S. Navy succeeded in breaking into the computer logistics system that controls the Lockheed Martin Corp F-35 Joint Strike Fighter earlier this year, they did the company a favor: allowing it to fix a critical vulnerability in the $396 billion program.

Technology security professionals seeking wisdom from industry leaders in San Francisco this week saw more of the dark side than they had expected: a procession of CEO speakers whose companies have been hacked.